Cost of Living in Monroeville, AL

With a cost of living index of 59, Monroeville, AL is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 15% below the Alabama state average of 74. Monroeville is a smaller community of 5,875 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Monroeville's cost of living. The median monthly rent is $589 (55% below the US median of $1,319), and the median home value sits at $115,800 (62% below the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.

The median household income in Monroeville is $31,629, which is 58% lower than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Monroeville. The area sees an average annual temperature of 67.3°F, with summers averaging 82°F and winters around 52°F. Annual rainfall totals 55.3 inches spread over roughly 139 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.